E-Business

E-Business refers to the manner in which modern commercial organisation create information links and conduct business.

In contrast to the purpose of e-commerce which is to conduct commercial transactions with customers through buying, selling, auctions and searching,the purpose of e-business is to enhance the internal functioning of organisations by using the facilities of the internet.

E-Business enables firms to maintain a rich information interchange with their partners, collaborators and suppliers.

The main economic benefit of e-business is reduced transaction cost.

E-Business infrastructure have made the biggest difference to large multinational business that work with a large number of partners in different countries, working in different time zones and in different languages.

E-supply chains are now widely used by multinational organisation!!

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